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Tuesday, November 29, 2022

GPO Plus Inc (OTCMKTS: GPOX) Big Move on DISTRO+ Hempaco Distribution Agreement

GPO Plus Inc (OTCMKTS: GPOX) made another big move today after Hempaco announced the Master Distribution Agreement with GPO Plus, Inc that the Company announced last Thursday. Under the terms of the agreement, Hempacco assigned Michigan as the first territory for DISTRO+, GPOX’s distribution division and GPO for specialty retailers. Some of HPCO’s products include Hemp Hop, a partnership with hip-hop icon Rick Ross and Rap Snacks founder and CEO James Lindsay as well as Cheech and Chong licensed products.  

GPOX has been on a tear over the past few weeks rocketing up from under $0.25 in September to recent highs near $2 per share. The stock is quickly emerging as among the top most traded stocks in small caps trading $1.8 million in dollar volume on Monday alone. Microcapdaily has been reporting on GPOX along the way first covering the stock when it was well below $1 on September 28. The stock is being heavily promoted from another of different sources. 


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GPO Plus Inc (OTCMKTS: GPOX) is engaged in the business of organizing, promoting, and operating industry-specific group purchase organizations (GPOs). A GPO is an entity created to leverage the purchasing power of a group of businesses (or individuals) to obtain discounts from vendors. GPO Plus identifies underserved markets, segments and industries where there is little to no competition and develops specific GPOs around them. In addition, unlike major GPOs, GPO Plus has low MOQ’s (minimum order quantities) which enable small and mid-sized companies to participate with larger corporations. We communicate with our members to determine their needs to ensure GPO Plus provides relevant products and services, sustainable low prices and cost structures, increased efficiencies, and attentive customer service. 

The Company is comprised of HealthGPO, a Group Purchasing Organization for the Healthcare industry, cbdGPO, a Group Purchasing Organization for the hemp industry. DISTRO+, the Company’s distribution division and GPO for specialty retailers, and Nutriumph® Supplements, an innovative supplement company whose mission is to offer premium nutraceuticals to assist consumers to reach their health and wellness goals with natural ingredients. In addition, GPOPlus offers professional services through GPOPRO Services. 

HealthGPO is a Group Purchasing Organization (GPO) for healthcare related products and services for the emerging alternative market. Our target members are in and around the healthcare industry that include hospitals, medical practice groups, laboratories, and professional physicians as well as entities not directly related to healthcare such as general businesses and governmental agencies. We intend to save our members money by aggregating purchases, negotiating with vendors, and sharing discounts. We aim to save our members time and alleviate headaches by streamlining orders and offering integrated solutions leading to considerable supply chain efficiencies. 

DISTRO+ is a Group Purchasing Organization (GPO) and distributor of premium products for the emerging specialty retailer sector and wholesalers. Through the power of Group Purchasing, DISTRO+ offers its network of customers (we call them “Members”) competitive pricing with low MOQs that realize similar discounts as major retailers with large buying power. 

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GPOX

On October 13 GPOX announced they entered into a Master Distribution Agreement with Hempacco Co., Inc. (NASDAQ: HPCO) assigning Michigan as the first territory for DISTRO+, GPOX’s distribution division and GPO for specialty retailers. Hempacco is a hemp smokables company focused on Disrupting Tobacco’s™ nearly $1 trillion industry with hemp cigarettes, smoking paper, and alternatives to nicotine tobacco products. Some of HPCO’s products include Hemp Hop, a partnership with hip-hop icon Rick Ross and Rap Snacks founder and CEO James Lindsay as well as Cheech and Chong licensed products. 

“We are very excited to be working with Hempacco and the brands they manufacture including Cheech and Chong and Rick Ross’ Hemp Hop branded products,” said Brett H. Pojunis, CEO of GPOX. Pojunis continued, “iconic brands combined with best in class quality products set Hempacco apart and make for a lasting partnership.”
Sandro Piancone, CEO of HPCO stated, “we are thrilled to work start working with GPOX to begin distributing products through their distribution division, DISTRO+! Piancone continued, “we are also excited to expand Hempacco’s presence in the Midwest and to partner with a company like GPOX to help us penetrate new markets.”
“DISTRO+’s newly launched distribution facility will serve both new and existing Hempacco customers in Michigan, providing local inventory, combined with next level service and support,” said Joseph Jaconi, President of DISTRO+. Jaconi continued, “we are hopeful that Michigan will be the first of many states that DISTRO+ will become Hempacco’s Master Distributor.”

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Currently trading at a $42 million market valuation GPOX made another big move today after Hempaco announced the Master Distribution Agreement with GPO Plus, Inc that the Company announced last Thursday. GPOX is currently being heavily promoted and at some point the bottom will drop out and it could drop fast. GPOX OS is 32,420,382 shares with a float of 5,858,316 shares. We will be updating on GPOX on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with GPOX.

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Disclosure: we hold no position in GPOX either long or short and we have not been compensated for this article.

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